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IHI Completes Post Panamax Container Carrier

Maritime Activity Reports, Inc.

March 11, 2003

IHI Marine United Inc. has completed construction of the 6,492 TEU post panamax container carrier for delivery to Great River Line S.A. of Panama at the Kure Shipyard on November 29, 2002. The NYK Apollo, first of a series of seven post panamax carriers to be chartered by NYK Line, will be utilized for transport services in routes centered on Europe and Far East. The carrier with a beam of over 131 ft. (40 m) can load containers of nine tiers in 14 rows in cargo holds and six tiers in 16 rows on the upper deck. The NYK Apollo has fixed cell guide system in holds and lashing bridges to enable the containers to be stacked up as high as six tiers on the deck. For reefer containers, 83 plugs in holds and 450 plugs on deck are provided.

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